How long should your mortgage term be?
Lenders / Mortgage Renewal / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Variable Interest Rates

How long should your mortgage term be?

Getting a mortgage is likely one of the largest debts a borrower will take on in a lifetime and choosing the right mortgage term, type and length is a crucial step in the financing process whether it’s your first or fourth home. Maximize homeowner happiness by choosing a mortgage term that is affordable and suits … Continue reading

Is a second mortgage right for you?
Bankruptcy / Broker vs. Bank / Credit / Debts / Documents / Lenders / Qualifying / Quizzes / Rates & Terms / Refinance

Is a second mortgage right for you?

I don’t mean a second mortgage as in getting a mortgage on a second property; in this case I’m talking about a 2nd mortgage behind an existing 1st mortgage secured against the same property. Second mortgages aren’t for everyone so I’m going to highlight what I think are the top 10 things you should know … Continue reading

2016: Time For A Mortgage Check-Up
Credit / Documents / Income / Mortgage Renewal / Pre-Approvals / Pre-Payment / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

2016: Time For A Mortgage Check-Up

Welcome to 2016! Looking back on the last year, we’ve seen mortgage rates remain relatively unchanged, home values stayed steady and a new mortgage rule change was announced with its debut happening in February 2016. While weight-loss and getting organized are the top resolutions, spending less and saving more follow closely behind. On that note, … Continue reading

Should I rent or buy? Take the quiz now
Credit / Downpayment / First Time Home Buyer / Income / New to Canada / Pre-Approvals / Purchase / Qualifying / Quizzes

Should I rent or buy? Take the quiz now

All you have to do is write down the letter that best describes your current financial situation and then count how many of each letter you have. The letter that you have the most of will correspond with an answer at the end of this short quiz. Is your income reliable and continuing? A) I … Continue reading

When is the right time to refinance?
Bankruptcy / Credit / Debts / Documents / Lenders / Mortgage Renewal / Qualifying / Quizzes / Rates & Terms / Refinance

When is the right time to refinance?

If you are stressed about the amount of debts you have or mortgage payment amount(s) you are currently making, it may be time to look at refinancing your home as rates are still low and Edmonton has a stable housing market.  If you’re unsure if it makes financial sense to restructure your current mortgage, a review of … Continue reading

How much do you know about co-signing for a mortgage?
Bankruptcy / Credit / Debts / Documents / First Time Home Buyer / New to Canada / Purchase / Qualifying / Quizzes

How much do you know about co-signing for a mortgage?

  Take the quiz now Co-signing for a mortgage is a big commitment. Whether you are the borrower who needs a co-signer or someone has asked you to co-sign for them in securing a mortgage approval, understanding what is involved is very important. Test your knowledge with our quick quiz;   Do you know what a … Continue reading

What should you do when your mortgage renews?
Broker vs. Bank / Credit / Documents / Insurance / Lenders / Mortgage Renewal / Qualifying / Quizzes / Rates & Terms / Refinance

What should you do when your mortgage renews?

TAKE THE QUIZ NOW If your mortgage term is ending in the near future, this quiz is for you. You have multiple options come mortgage renewal time and the below questions will provide some direction if you’re undecided on which route to take? 1. Is your mortgage up for renewal within the next 6 months? … Continue reading

How much do you know about second mortgages?
Bankruptcy / Credit / Debts / Documents / Lenders / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties

How much do you know about second mortgages?

I don’t mean a second mortgage as in getting a mortgage on a second property; in this case I’m talking about a 2nd mortgage behind an existing 1st mortgage secured against the same property. Second mortgages aren’t for everyone so I’m going to highlight what I think are the top 10 things you should know … Continue reading

Broker vs. Bank / Documents / Downpayment / First Time Home Buyer / Income / Lenders / Market Updates / Mortgage Renewal / New to Canada / Pre-Approvals / Pre-Payment / Purchase / Qualifying / Quizzes / Rates & Terms / Refinance / Rental Properties / Variable Interest Rates

How To Pick A Mortgage Type

Whether your mortgage is up for renewal, you’re thinking of refinancing or this is your first mortgage; picking an interest rate and mortgage term that is right for you can be a daunting task for some. First you have to decide if you want to take a fixed or variable interest rate, then you need … Continue reading

Should You Buy Your First Rental Property?
Broker vs. Bank / Credit / Documents / Downpayment / Purchase / Qualifying / Quizzes / Rates & Terms / Rental Properties

Should You Buy Your First Rental Property?

Alberta is a hot spot these days, leading the way in real estate and dominating the news as a textbook example of a strong provincial economy. We have loads of jobs, lots of space, our vacancy rates are low, and property values are strong. Buying your first rental property is a big commitment and investment. … Continue reading